3-bedroom house · DE4 5LW
Sold STCReduced £15k (−3.8%) on 13 AugListed 202 days
Opportunity summary
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About
Standing in a highly regarded residential position on the outskirts of the town, this spacious detached brick and tile bungalow provides well proportioned three bedroom accommodation, well suited to active retirees and with sufficient space for visitors and small families.
A good sized garden plot provides ample space for the keen gardener, and the plot has the rare advantage of two driveways which providing excellent visitor parking, or perhaps caravan standing.
The amenities of Matlock’s town centre lie within one miles and a good road network lead to the surrounding centres to include Chesterfield, Bakewell and Alfreton, where commuter links via the A38 and M1 corridor lead north and south.
Local countryside is close at hand, and the wider delights of the Derbyshire Dales and Peak District countryside also readily accessible.
Accommodation Accessed from the side of the bungalow, a uPVC double glazed door opens to an entrance porch which shelters access into a central hall where there are broad built-in storage cupboards, and which extends to the side where there is access to the bedrooms and bathroom.
Here there is a third substantial walk-in store.
Sitting room – 4.52m x 3.44m (14’ 10” x 11’ 4”), open to the dining room – 3.10m x 2.90m (10’ 2” x 9’ 6”) maximum, an L-shaped room offering excellent living space part separated to create a formal dining area, if required.
A broad window allows distant views towards the hills beyond the town and across the Valley, far reaching beyond Masson Hill.
A second window to the dining area faces the front and allows good natural light. A modern stone fireplace houses a living coal gas fire.
Kitchen – 3.23m x 2.90m (10’ 7” x 9’ 6”) fitted with a range of high and low level cupboards, drawers, work surfaces and stainless steel sink unit.
Integral appliances include a 4-ring gas hob with fitted extractor above and under counter oven beneath.
There is space for a fridge and washing machine, serving hatch to the dining area and windows to two elevations.
An external door opens to a… Side utility porch – half glazed and providing an excellent dry access to and from the house.
Bath and shower room - 2.90m x 1.70m () fitted with a four piece white suite to include a panelled bath with mixer shower tap, wash hand basin, WC and a separate walk-in shower cubicle with electric shower fitting.
There are two obscure glazed window, complementary ceramic tiling and electric shaver point.
Bedroom 1 – 3.80m x 3.40m (12’ 6” x 11’ 2”) a good sized double bedroom overlooking the rear gardens, and with the benefit of a range of built-in full height wardrobes.
Bedroom 2 – 3.80m x 2.96m (12’ 6” x 9’ 8”) average, a second double bedroom with similar views across the gardens at the rear.
Bedroom 3 – 2.60m x 2.49m (8’ 6” x 8’ 2”) a smaller but useful third bedroom / study. Outside & parking One of the true merits of the property is the available parking and sizeable garden.
To the front of the property an attractive shrub garden and to the lower side of the bungalow a driveway provides car standing and access to a… Single garage – 6.50m x 2.90m (21’ 4” x 9’ 6”) longer than often found, providing excellent storage and workshop potential.
There is the benefit of a modern electric up and over door and at the rear a window for natural light and personnel access to the gardens.
The second driveway runs along the upper side of the property and from where there is also access to the gardens.
The main gardens are found at the rear, principally laid to grass but including a former cultivated bed retaining a number of soft fruit bushes.
To one side, an aluminium greenhouse, paved patio and paths, all set within mature hedge boundaries.
Tenure – Freehold services – All mains services are available to the property, which enjoys the benefit of gas fired central heating and uPVC double glazing.
No specific test has been made on the services or their distribution.
EPC rating – to be confirmed council tax – Band D fixtures & fittings – Only the fixtures and fittings mentioned in these sales particulars are included in the sale.
Certain other items may be taken at valuation if required. No specific test has been made on any appliance either included or available by negotiation.
Directions – From Matlock Crown Square, take Bank Road rising out of the town to the top, then bear right onto Wellington Street, continuing on to the crossroads.
Proceed straight across onto Asker Lane and then take the second left turn onto Mooredge Drive and no. 4 can be found on the right hand side.
WHAT3WORDS – beams.dare.crash viewing – Strictly by prior arrangement with the Matlock office . Ref: FTM10984
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 4, Mooredge Drive, Matlock
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